The annual World Economic Forum, hosted in the luxury Swiss ski resort of Davos, kicks off this week with government heads such as Angela Merkel, Shinzo Abe and Giuseppe Conte in attendance. There are also some notable absences this year: President Trump, Theresa May and Emmanuel Macron will also stay at home to deal with domestic political issues. German-born Klaus Schwab, a former professor of Business Policy at the University of Geneva, conceived the idea of the WEF back in 1971. Below, we take a look at nine of the most memorable moments from its 48-year history. Greece and Turkey reconcile – 1988 A major breakthrough in Greek-Turkish relations occurred in Davos in 1998, when the former... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium … [Read more...] about Davos: 9 memorable moments from the World Economic Forum’s history
Attending world economic forum
Global political and business leaders are gathering in the mountain resort of Davos in Switzerland this week for the World Economic Forum’s Annual Meeting. It starts on Tuesday 22 January, and will wrap up on Friday 25 January. What's on the agenda? 'Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution' is the theme this year. According to the World Economic Forum's website, it picks up on two major trends — global cooperation challenges, and changes as a result of the high-tech digital revolution. Professor Klaus Schwab, Founder and Chief Executive of the World Economic Forum, explained: "This fourth wave of globalization needs to be human-centred, inclusive and sustainable. We are entering a period of profound global instability brought on by the technological disruption of the Fourth Industrial Revolution and the realignment of geo-economics and geopolitical forces. "We need principals from all stakeholder groups in Davos to … [Read more...] about World Economic Forum 2019: What to expect at this year’s Davos?
President Donald Trump on Thursday canceled the US delegation’s annual trip to the World Economic Forum in Davos, Switzerland, “out of consideration” for the furloughed federal employees amid the ongoing partial government shutdown. Trump attended the forum in 2018 but was expected to send a delegation of senior US officials this year. The decision follows Trump’s move to cancel a military flight that was set to transport House Speaker Nancy Pelosi and other congress members to Afghanistan. President Donald Trump on Thursday canceled the US delegation’s annual trip to the World Economic Forum “out of consideration” for the furloughed federal employees amid the ongoing partial government shutdown. “Out of consideration for the 800,000 great American workers not receiving pay and to ensure his team can assist as needed, President Trump has canceled his Delegation’s trip to the World Economic Forum in Davos, Switzerland,” … [Read more...] about White House cancels US delegation trip to the World Economic Forum in Davos hours after throwing wrench into congressional trip to Afghanistan
WASHINGTON - President Donald Trump has canceled his delegation's trip to the World Economic Forum in Davos, Switzerland, next week due to the partial US government shutdown, according to a statement released by Press Secretary Sarah Sanders on Thursday. Trump, who attended last year's Davos event, had planned to go again this year but pulled out last week as he grapples with Democrats in Congress over funding for a wall on the border with Mexico that has led to a partial shutdown of the government. Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo were expected to lead the U.S. delegation in Trump's place, two senior administration officials said this week. "Out of consideration for the 800,000 great American workers not receiving pay and to ensure his team can assist as needed, President Trump has canceled his delegation’s trip to the World Economic Forum in Davos, Switzerland," Sanders's statement said. Mnuchin and Pompeo had planned to speak jointly to the … [Read more...] about Trump cancels US delegation to World Economic Forum in Davos: press secretary
Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Log In Today’s Paper Politics | Trump Cancels Trip to Davos for World Economic Forum Supported by ByEileen Sullivan Jan. 10, 2019 WASHINGTON — President Trump on Thursday canceled his planned trip to the annual and glittering economic conference in Davos, Switzerland, citing what he called the Democrats’ intransigence on his funding request to build a wall along the United States’ southern border. Mr. Trump and congressional Democrats are at an impasse over the president’s request of over $5.7 billion to build the wall. That impasse caused a partial government shutdown, which has been going for nearly three weeks. Earlier on Thursday, Mr. Trump told reporters that he still planned to go to the World Economic Forum in Davos later this month. It was not immediately clear what made him change his mind when he … [Read more...] about Trump Cancels Trip to Davos for World Economic Forum